Siluanov promised to help the population from the budget if the inflation forecast is exceeded

by time news

Finance Minister Anton Siluanov said that if inflation rises above forecasts, Russians in need will receive additional support. According to him, assistance will be given to projects “that are implemented at fixed interest rates.”

“If inflation goes beyond our forecasted parameters, we will make appropriate decisions. <...> First of all, this is assistance to those people who will need state support, the allocation of additional funds for those projects that are implemented at fixed interest rates, “- said Mr. Siluanov on the air of” Russia 24 “within the framework of the forum” VTB Capital “” Russia is calling ! “.

The minister explained that this will affect preferential mortgages and other types of support – “be it in agriculture, in sectors of the economy where interest rates are subsidized, in small business.”

The Ministry of Economy has raised the forecast for price increases in 2021 from 5.8% to 7.4%. The Bank of Russia expects inflation at the level of 7.4-7.9%. Mrs. Nabiullina today, November 30, announced that the rise in prices will be close to the upper limit of this forecast.

About the forecasts of experts on inflation – in the material “Kommersant” “Inflation will slow down along with the economy.”

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